Y Combinator Alum FARMLOGS SECURES $1 MILLION TO MODERNIZE FARMING INDUSTRY
Jan 28, 2013
Michigan-based FarmLogs, a 2012 Y Combinator alum that helps farmers digitally manage their farm to increase profitability, today announced that it has closed a $1 million seed funding round co-led by Huron River Ventures and Hyde Park Venture Partners. The funding allows FarmLogs to expand its team and to further develop its mobile applications in time for the 2013 planting season.
Launching almost exactly a year ago, the farm management software company has quickly helped modernize farming by bringing critical farm data online. FarmLogs replaces paper record keeping with simple, easy-to-use software that is accessible via smartphone or web browser.
“We built a product that my family and other farmers were asking for. Our customers around the world tell us that they could never go back to the old way,” said Jesse Vollmar, CEO and cofounder of FarmLogs. “We are on a mission to create world-changing innovation in agriculture. This funding allows us to accelerate our growth to help even more farmers take advantage of modern technology.”
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